FTX treasury has lost over $3 billion since the start of November, largely thanks to the implosion of its native token FTT and Solana (SOL) over the period. Source: Arkham Intelligence According to Cr...
Tag: Binance
Binance to Acquire FTX.com – Crypto Briefing
Share this article The world’s largest crypto exchange has struck a deal to acquire the world’s second-largest exchange. Buyout After days of butting heads on Twitter amid rumors of financial troubles...
Binance Announces Intention to Acquire FTX Following a “Liquidity Crunch” – Trustnodes
Binance’s CEO and FTX’s CEO have both stated their companies have signed a Letter of Intent (LoI) agreement for Binance to acquire FTX. “This afternoon, FTX asked for our help,” Changpeng Zhao of Bina...
FTX and Binance beef bothers crypto market, bitcoin plunges below $20,000
Crypto markets continued to sell off on Tuesday as two of the industry’s biggest exchanges — FTX and Binance — have engaged in something of a public dispute. The global crypto market cap has com...
Binance CEO not interested in Alameda’s offer to buy up its FTT holdings
Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, appears disinterested in Alameda Research’s offer to buy out the crypto exchange’s FTX Token (FTT) holdings. Zhao responded to a question o...
Bitcoin Falls Below $20,000 After Twitter Row Between Billionaire Crypto Executives Triggers Withdrawals From FTX
Topline The price of bitcoin fell below $20,000 on Monday—dropping alongside other major cryptocurrencies—amid concerns about the financial health of FTX, one of the world’s largest cryptocurrency exc...
Crypto Community Calms FTX SBF vs Binance “CZ” Spat As Market Tumbles
The crypto market plunges on Tuesday amid the FTX-Binance War and macroeconomic factors ahead of the U.S. midterm elections. Several crypto influencers trying to calm FTX CEO Sam Bankman-Fried and Bin...
Nigerian Naira Fiat Gateway joins Binance
Binance, a worldwide recognised cryptocurrency exchange, has announced the addition of a fiat gateway for the Nigerian Naira, often known as NGN. As part of Binance’s purpose, the addition seeks to in...
Binance Processed Around $8 Billion In Trade With Iran Despite Sanctions
Since the crypto industry has widened its boundary in recent years, it has pushed law enforcement agencies globally to supervise the digital assets ecosystem to prevent unpleasant activities. It resul...
Sam Bankman-Fried Stands Ground Against Binance as FTT Slammed
Bankman-Fried stands firm, FTX token slips, and BNB coin rises. Speculations of FTX’s insolvency have swirled around the crypto market after Binance CEO Changpeng Zhao shared a revealing statement. On...
Binance CEO Says He’s Not Trying to Fight FTX
Alex Dovbnya Binance CEO Changpeng Zhao has spoken out about the feud with rival FTX Binance CEO Changpeng Zhao recently took to Twitter to clarify that he is not actually fighting rival FTX. The hea...
Nearly 20K Bitcoins moved to Binance from FTX over 48 hours
Nearly 20,000 Bitcoins were moved from FTX to Binance within the last two days, increasing the latter’s total Bitcoin holdings to over 640,000. Meanwhile, FTX’s holdings currently stand at 6,000 BTC a...
FTT tanks 30% after 1.9M tokens moved to FTX, Binance denies selling
FTX’s FTT token lost roughly 30% of its value in the last 24 hours after 1.9 million FTT tokens — worth roughly $44 million at the time — were moved from the Genesis over-the-counter (OTC) Desk to FTX...
Binance’s position on FTX tokens (FTT)
Sam Bankman-Fried, CEO and founder of FTX, made headlines because of a Coindesk remark immediately echoed vigorously by CZ, CEO of Binance, with respect to the FTT held. Why did Binance decide to liq...
Binance Platform Holds $8 Billion ETH in Its Cold Wallet
22 mins ago | 2 mins read Exchange News Binance CEO stated that the platform has about $8 billion ETH in its cold wallet. Ethereum is currently trading at $1,472 and is down 7.98%. Changpeng Zhao, CEO...
FTX Token FTT Price Tanks 32%, Binance CEO Denies the Blame
The ongoing encounter between crypto exchange behemoths Binance and FTX is raging on. The loser at the moment appears to be the latter, as its FTT token price is tanking. Nevertheless, Binance claims ...
Binance Added Nigerian Naira (NGN) In Its Trading Gateway
45 mins ago | 2 mins read Exchange News Nigerian users can now able to deposit and withdraw NGN in Binance. Nigeria and Binance are seeking to create a blockchain-based digital economic zone. Binance ...
CZ Says Binance Still Holds Terra Classic (LUNC)
– Advertisement – Binance chief let slip that the crypto exchange still holds Terra Classic (LUNC). Binance chief Changpeng Zhao in a tweet yesterday, let slip that the crypto exchange sti...
CZ Explains Reality Behind FTX Token FTT Deposit To Binance
Binance FTX Token Updates: Amid much debate around Binance sale of the FTX token (FTT), CEO CZ tried to clear the air of ‘misconceptions’. Stating that he was surprised at the amount of discussion the...
Fight Between FTX and Binance Escalates
Alex Dovbnya Binance-FTX rivalry has seeped into public, with two crypto giants now openly attacking each other The long-simmering tensions between Binance and FTX, the two biggest players in today...
FTX’s FTT on verge of potential sell-off after Binance liquidates FTT holdings
The biggest news in the cryptoverse for Nov. 7 includes Bitcoin mining difficulty’s decrease by 0.19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance t...
The new partnership between Binance and Ledger
Binance and Ledger will launch a collaboration to make the exchange’s infrastructure more fluid, opening more pathways for Web3. What is Ledger? And why is it collaborating with Binance? Ledger is a c...
FTX’s token falls sharply amid Binance controversy
FTT, the token created by crypto exchange FTX, dropped sharply the past hour. The token’s price fell 19%, from roughly $22 to below $18 shortly after 10:00 p.m. ET, according to data tracked by ...
Binance (BNB) Launches $1 Million Rewards Campaign for Football Fans
Vladislav Sopov Binance ‘Football Fever 2022’ campaign kicks off on Nov. 7, 2022, with total prize pool exceeding $1 million in equivalent Contents Binance “Football Fever 2022”...
FTT (FTX) collapses after Binance announcement
The blame lies with fears over Alameda Research’s financials and its close liquidity ties to the FTX exchange, which are worrying many investors, particularly after decisions by Changpeng Zhao, the CE...
Binance is Not In “a War” With FTX, Says Co-Founder Yi He
In an explanation on Twitter, co-founder and chief customer service of Binance exchange Yi He claimed that Binance is not in a war with FTX and has no intention of engaging in drama. Following Binanc...
FTX Stablecoin Reserves Dwindle After Binance Promises to Sell FTT
Crypto exchange FTX is rapidly losing stablecoin liquidity after Binance CEO Changpeng Zhao (CZ) announced his company’s full exit from its FTT position on Sunday. ETH withdrawals from FTX have also t...
Solana price slumps amid FTX, Binance founder fallout
The price of Solana (SOL) fell 9% amid a spat between the founders of Binance and FTX crypto exchanges, Changpeng Zhao and Sam Bankman-Fried. SolUSD chart by TradingView. Aggregate o...
FTX’s FTT Token Price Drops 10% Post Mass Dump by Binance
Exchange News Binance has dumped 23 million FTX tokens valued $584 million. Binance was an early investor in FTX and last year made a $2.1 billion exit last year. Following recent developments, Binanc...
Binance Revises Terra Classic ($LUNC) Burn to Monthly Basis
Exchange News Binance has burned a total of 13.712 billion LUNC tokens so far. Binance modified the rules to burn LUNC once per month from weekly once. Binance has changed the frequency of its Terra C...
Binance is Selling Off FTT As Worries About FTX Exchange Balance Sheet Mount
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Binance, Changpeng Zhao, said that the exchange would sell all the FTT tokens held in its portfolio. Zhao said that th...